01/13/2025
TAX RELIEF FOR CALOFORNIA FIRE VICTIMS:
The tax relief postpones various tax filing and payment deadlines that occurred from Jan. 7, 2025, through Oct. 15, 2025 (postponement period). As a result, affected individuals and businesses will have until Oct. 15, 2025, to file returns and pay any taxes that were originally due during this period.
This means, for example, that the Oct. 15, 2025, deadline will now apply to:
✔️Individual income tax returns and payments normally due on April 15, 2025.
✔️2024 contributions to IRAs and health savings accounts for eligible taxpayers.
✔️2024 quarterly estimated income tax payments normally due on Jan. 15, 2025, and estimated tax payments normally due on April 15, June 16 and Sept. 15, 2025.
✔️Quarterly payroll and excise tax returns normally due on Jan. 31, April 30 and July 31, 2025.
✔️Calendar-year partnership and S corporation returns normally due on March 17, 2025.
✔️Calendar-year corporation and fiduciary returns and payments normally due on April 15, 2025.
✔️Calendar-year tax-exempt organization returns normally due on May 15, 2025.